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Contents

   



(Top)
 


1 Major announcements  



1.1  Broadcasting, arts, and culture  





1.2  Business and industry  





1.3  Climate change  





1.4  Cost of living  





1.5  COVID-19  





1.6  Disability support  





1.7  Education  





1.8  Healthcare  





1.9  Infrastructure  





1.10  Justice cluster  





1.11  Māori and Pacific communities  





1.12  Natural resources cluster  







2 Reactions  



2.1  Political reactions  





2.2  Treasury's advice  







3 Notes and references  














2022 New Zealand budget







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From Wikipedia, the free encyclopedia
 


2022 (2022) New Zealand budget
Submitted byGrant Robertson
Presented19 May 2022
Parliament53rd
PartyLabour
WebsiteBudget 2022

‹ 2021

2023

Budget 2022, dubbed the Wellbeing Budget 2022, is the New Zealand budget for fiscal year 2022/23, presented to the House of RepresentativesbyFinance Minister, Grant Robertson, on 19 May 2022 as the fifth budget presented by the Sixth Labour Government. This budget was released in the midst of socio-economic impacts of the widespread community transmission of the SARS-CoV-2 Omicron variant, rising living costs, and the 2022 Russian invasion of Ukraine.[1][2]

Major announcements

[edit]

Broadcasting, arts, and culture

[edit]

Business and industry

[edit]

Climate change

[edit]

Cost of living

[edit]

COVID-19

[edit]

Disability support

[edit]

Education

[edit]

Healthcare

[edit]

Infrastructure

[edit]

Justice cluster

[edit]

Māori and Pacific communities

[edit]

Natural resources cluster

[edit]

Reactions

[edit]

Political reactions

[edit]

National Party and Leader of the Opposition Christopher Luxon described the Labour Government's budget as the "backward budget," claiming that it failed to address New Zealand's high cost of living.[9]

Green Party co-leader James Shaw praised the 2022 Budget for addressing issues of concern to the Greens such as climate change mitigation, family and sexual violence. By contrast, fellow co-leader Marama Davidson criticised the Budget for not helping low-income families sufficiently.[9]

ACT Party leader David Seymour described the 2022 Budget as a "brain drain" budget and argued that it failed to address New Zealand's rising inflation. Seymour advocated reducing government spending and taxation.[9]

Māori Party co-leader Rawiri Waititi criticised the 2022 Budget for not allocating enough money to the Māori community. He advocated removing food items from the Goods and Services Tax (GST) and taxing the owners of empty houses.[9]

Treasury's advice

[edit]

On 20 May 2022, the New Zealand media reported that the New Zealand Treasury had advised against the Government's NZ$350 cost of living payment for middle-income New Zealanders on the grounds that it would cost short-term inflation. The Treasury had advised the Government to consider targeted support to low-income households.[10] Finance Minister Grant Robertson defended the Government's cost of living payment, arguing that it helped New Zealanders facing rising living costs.[11]

Notes and references

[edit]
  1. ^ "Budget 2022: The Wellbeing Outlook and Approach". Budget 2022. New Zealand Treasury. Archived from the original on 19 May 2022. Retrieved 19 May 2022.
  • ^ a b McClure, Tess (19 May 2022). "New Zealand budget 2022: Ardern offers $1bn in sweeteners to tackle cost of living 'storm'". The Guardian. Archived from the original on 19 May 2022. Retrieved 19 May 2022.
  • ^ a b c d e f g h i j k l m n o p q r s t u v w x y z Palmer, Russell (19 May 2022). "Budget 2022 at a glance: What you need to know". Radio New Zealand. Archived from the original on 19 May 2022. Retrieved 19 May 2022.
  • ^ "RNZ-TVNZ mega-entity named 'Aotearoa New Zealand Public Media' in draft legislation". Radio New Zealand. 23 June 2022. Archived from the original on 23 June 2022. Retrieved 27 June 2022.
  • ^ a b c d e f g h i j k l m n o p q r s t u v "Wellbeing Budget 2022: A Secure Future" (PDF). New Zealand Government. 19 May 2022. Archived (PDF) from the original on 19 May 2022. Retrieved 23 May 2022.
  • ^ a b c d Neilson, Michael (19 May 2022). "Budget 2022: Health gets $13.2 billion for Health NZ, Māori Health Authority reforms and to address inequities". The New Zealand Herald. Archived from the original on 19 May 2022. Retrieved 21 May 2022.
  • ^ Worthington, Samantha (19 May 2022). "$188m Māori Health Authority boost 'not enough' – experts". 1 News. TVNZ. Archived from the original on 19 May 2022. Retrieved 19 May 2022.
  • ^ "Budget 2022 continues KiwiRail rebuild". KIwiRail. May 2022.
  • ^ a b c d "Watch: Political parties respond to Budget 2022". Radio New Zealand. 19 May 2022. Archived from the original on 20 May 2022. Retrieved 21 May 2022.
  • ^ Coughlan, Thomas (20 May 2022). "Budget 2022: $350 cost of living payment – Treasury told Government it would make inflation worse". The New Zealand Herald. Archived from the original on 20 May 2022. Retrieved 21 May 2022.
  • ^ Witton, Bridie (20 May 2022). "Finance Minister Grant Robertson defends $350 payment despite official warning it could drive inflation". Stuff. Archived from the original on 20 May 2022. Retrieved 21 May 2022.

  • Retrieved from "https://en.wikipedia.org/w/index.php?title=2022_New_Zealand_budget&oldid=1228831549"

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    This page was last edited on 13 June 2024, at 12:32 (UTC).

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